Companies with explosive performance in consumer electronics are expected to double their net profit in the next three years.

Companies with explosive performance in the field of consumer electronics are expected to increase their net profit by 2 times in the next three years, and the organization gives nearly 50% of the target space.

In the consumer electronics industry chain, the three quarterly reports recently given by Goer and Lingyi Manufacturing all performed strongly. Among them, the company in the direction of charger also handed over beautiful three quarterly reports recently, looking forward to the future. With Apple taking the lead in canceling the charger in Iphone 12, the fast charging market is expected to usher in a new round of explosive growth, and the company is expected to maintain a compound growth rate of more than 50% in the next three years. The agency has given the target price of 120 yuan, with nearly 50% space.

The company's performance has grown rapidly. In the first three quarters, the company's revenue was 2.06 billion yuan, up 28% year-on-year, and its performance returned to its mother was 238 million yuan, up 52% year-on-year. The data for the third quarter is higher than the median forecast. In the third quarter, the company's revenue, performance and gross profit margin (25.6%) all reached record highs. The company's charger business revenue accounted for 965,438+0%. Contrarian growth in the first half of the year highlights strength. In 2020, H 1 Company's revenue and net profit increased by 65,438+06% and 64% respectively.

In the later period, the company focused on the market volume of chargers and the promotion of ASP value of chargers. In 20 19, the market share of the company in VIVO and Huawei was less than 20% and 10%. The company has both quality advantages and cost advantages, and it is expected to win more market share among customers such as VIVO and OPPO in the future. In addition, in terms of the volume of OPPO, the future market share is expected to further increase. The company went public successfully, with financing of 65.438+0.2 billion yuan. The Tangxia project of the company is expected to increase the production capacity by 654.38+39 million pieces and increase the annual income by 654.38+48.2 million yuan. It is estimated that the new production capacity will be released in the fourth quarter of this year, and the output will nearly double.

Price: High-power fast charging can solve the "endurance anxiety". It is expected that the ODM market of Android standard charger will grow rapidly in 2020-2022.

In 20 18 and 20 19, the average price of the company's charger products was 7.4 yuan and 9.6 yuan, respectively, which increased by 19% and 29% respectively. At present, the average power of the global Android standard charger is only 12W. Considering that the high-end machine of Android system has been equipped with 65W charger products as standard, the average price of a single charger of subsequent companies is expected to continue to increase.